Six major assets are linked to interest rates and dollar strength, while Bitcoin's correlation with DXY is just 17%.
According to a compilation by BlockTempo author Aspen, six assets—the U.S. dollar, U.S. Treasuries, U.S. stocks, gold, oil, and Bitcoin—are interconnected through “interest rate levels” and “dollar strength.” Understanding these two pivots is more useful for identifying capital flows than tracking real-time quotes one by one. Data cited by BlockTempo indicate that the ICE U.S. Dollar Index (DXY) explains about 17% of Bitcoin returns. The U.S. Dollar Index and Treasury Yields: Two Benchmark Prici
Bisc·10-27 02:58
